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Bank Of Japan Minutes On Tap For Tuesday

The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on July 30 and 31, highlighting a modest day for Asia-Pacific economic activity. At the meeting, the central bank retained its massive monetary stimulus as expected, including the -0.1 percent interest rate on current accounts that financial institutions maintain at…

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Euro Advances As German Business Confidence Tops Expectations

The euro climbed against its major counterparts in the early European session on Monday, as a data showed that Germany’s business confidence rose more than forecast in September. Survey data from Mannheim-based Ifo institute showed that the business sentiment index came in at 103.7 in September, up from forecasts of 103.2. The August reading was…

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Ireland Output Prices Continue To Fall In August

Ireland’s factory gate prices decreased for the sixth successive month in August, figures from the Central Statistics Office showed Friday. The manufacturing industries output price index, excluding VAT, fell 0.9 percent year-over-year in August, following a 0.8 percent drop in July. The price index for home sales declined 1.4 percent and those for export sales…

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Iceland Wage Growth Slows In August

Iceland’s wage growth eased in August after accelerating in the previous month, figures from Statistics Iceland showed Friday. The wage cost index climbed 6.0 percent year-over-year in August, following a 6.3 percent rise in the previous month. In June, the rate of increase was 5.9 percent. On a monthly basis, wage index edged down 0.1…